Xencor Reports Second Quarter 2015 Financial and Operating Results

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Go back to Xencor Reports Second Quarter 2015 Financial and Operating Results

Xencor (XNCR) PT Lifted to $27 at Wedbush; Rich Pipeline Continues to Advance

August 5, 2015 8:41 AM EDT

Wedbush analyst David Nierengarten reiterated an Outperform rating and raised his price target on Xencor, Inc. (NASDAQ: XNCR) to $27.00 (from $22.00) following Q2 results, noting the rich pipeline continues to advance.

Nierengarten commented, "Additional cohorts to commence in Ph 1a study of XmAb7195. XNCR... More

Xencor, Inc. (XNCR) Misses Q2 EPS by 4c

August 4, 2015 4:53 PM EDT

Xencor, Inc. (NASDAQ: XNCR) reported Q2 EPS of ($0.22), $0.04 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $1.01 million versus the consensus estimate of $1.9 million.

Financial Guidance

Based on current operating plans, Xencor expects to have sufficient cash to fund research... More